215 ILCS 5/100

Current through Public Act 103-1052
Section 215 ILCS 5/100 - [Section Scheduled to be Repealed 1/1/2027] Minimum available assets required of domestic Lloyds

The aggregate of the amounts on deposit of all underwriters and all other admitted assets of each domestic Lloyds available for the payment of losses shall at all times be at least five times the amount to be assumed by such Lloyds, net not including reinsurance in licensed insurers, upon a single risk cumulative for each kind of insurance.

215 ILCS 5/100

Laws 1937, p. 696.